RegDOX On the Fives: Cloud Storage for Export-Regulated Documents

RegDOX Solutions Inc. is changing the rules for SMEs managing export-regulated documents with the announcement of RegDOX On the Fives.

Up until now, only large enterprises have been able to use cloud-based storage solutions for export-regulated documents. Now this solution is available to all companies.

With the 2015 introduction of its patent-pending, DDTC (Directorate of Defense Trade Controls) reviewed technology, the company revolutionized compliance with the two sets of regulations of export-controlled information: the ITAR (International Traffic in Arms Regulations) and the Export Administration Regulations (EAR). This technology enabled the first, and to date only, secure online storage and collaboration solution that complies with both the ITAR and EAR. The firm is extending this to SMEs with the launch of RegDOX On the Fives.

How RegDOX On the Fives works:
For a minimal cost, RegDOX On the Fives gives an SME unrestricted access to a RegDOX ITAR/EAR-compliant Secure Data Room Center and its features enabling companies to prevent inadvertent, careless, and malicious exports of documents and then have tamper-proof logs to prove compliance. This protection is provided for a subscription fee of $500 a month for up to five users and 5GB of storage. The first five weeks are free and the subscription fee user covers support and solution maintenance.

The first subscription term is one year after the first-month free period ends. Additional storage and users can be ordered at any time for monthly fees of $55 per gigabyte and $55 per user, or for a combination of one user and one gigabyte for $75 a month. The set-up, training and consulting fee to get going is $500, but that is waived for a two-year term or greater.

On the launch of this program, William O’Brien, CEO, RegDOX, said: “This first and only full-function, commercial cloud storage solution for export-controlled documents has proved particularly useful for large companies and we have found strong interest also exists among SMEs for their compliance needs. Now, with RegDOX On the Fives, even SMBs can achieve ITAR and EAR compliance with ease and affordability.“